Pertti Vanhanen

has been appointed managing director for Europe.

As a member of the group’s leadership team, he will be responsible for Cromwell’s European platform, which manages EUR 3.5 bln of real estate encompassing 160 assets and 2,300 tenants. The platform comprises over 210 people in 17 local offices across eleven different countries.

He will be based in London and takes over from Mark McLaughlin, who will leave the business after 20 years at the end of March.

Pertti has over 30 years’ experience in the real estate sector, most recently as the global co-head of real estate at Aberdeen Standard Investments.